In Dubai, Exinity and VT Markets secured licenses to offer CFDs in the region.
US-based proprietary trading firm MyFunded Futures plans to obtain a full Introducing Broker license.
Exinity and VT Markets secure licenses in Dubai
eToro opens 24/5 trading on the top 100 US stocks
In this week’s roundup of key industry developments, eToro,
the publicly listed Israeli fintech firm, launched 24/5 trading for 100 of its most popular U.S. stocks, to enable users to buy and sell shares, including
names like Mastercard, Snap, and Alphabet, outside regular market hours, Monday
through Friday.
All order types remain available during extended sessions.
The company also announced plans to introduce tokenized shares and spot-quoted
futures (SQFs) as part of its broader product expansion.
eToro joins a growing list of retail brokers offering extended-hours trading, which allows users to trade 100 U.S. stocks 24 hours a day,
five days a week.
While not a new feature in the industry, 24/5 trading has
become increasingly common as demand rises from investors in Asia and other
regions seeking access to U.S. equities outside regular market hours.
However, limitations remain. The U.S. Securities and
Exchange Commission (SEC) has previously warned that trading outside standard
hours can involve reduced liquidity, wider bid-ask spreads, or even a lack of
price quotes.
Robinhood crypto revenue falls
Robinhood’s crypto revenue fell sharply in Q2 2025, dropping to $160 million from $252 million in the previous quarter—a 36.5% decline. Despite the slowdown, the company pointed out that crypto revenue nearly doubled compared to the same period last year.
This was the second consecutive quarter of declining crypto revenue for Robinhood, after peaking at $358 million in Q4 2024.
The company has attributed the decline to fluctuating trading volumes, and CEO Vlad Tenev has emphasized efforts to reduce reliance on crypto by diversifying the platform’s revenue streams.
XTB’s profit rises amid plans to add physical crypto
Meanwhile, XTB, the Polish retail broker, reported revenue of PLN 580 million (USD 150.8 million) in Q2 2025, matching its performance from the previous quarter. Despite flat revenue, pre-tax profit rose by 11.2% to PLN 260.7 million (USD 67.8 million), supported by lower costs.
Net profit came in at PLN 216.1 million (USD 56.2 million), according to preliminary results.
Total expenses dropped 7.2% to PLN 292.9 million (USD 76.2 million), with marketing spend falling by about 13% to PLN 123 million (USD 32.0 million), even as the broker maintained campaigns across Europe.
The Polish broker also announced plans to expand its product lineup by introducing physical cryptocurrencies and options. It currently offers crypto trading through contracts for differences (CFDs).
According to the FCA registry, AETOS gave up its
authorisation last month and is no longer permitted to offer regulated products
or services. The broker also filed a "Solvency Statement" with
Companies House, an action typically associated with corporate restructuring or
capital reduction.
From 27 June, these firms no longer need to submit certain
details, including information on individual adviser complaints. While the FCA is looking to streamline regulation, market
behavior often appears driven more by sentiment than hard data.
This is evident in recent market trends, such as Spain’s
recovery, which reflects a shift in investor mood rather than a sudden
improvement in economic fundamentals.
A screenshot of details of Exinity and VT Markets on SCA's website
VT Markets operates under its own name, while Exinity runs
multiple brands, including FXTM. Exinity, owned by Andrey Dashin, no longer
lists the Alpari brand as part of its group, which now holds only a Comoros
licence.
MyFunded Futures' licensing bid
In the prop trading space, US-based prop firm MyFunded Futures is planning to become a fully licensed Introducing Broker regulated by the NFA and CFTC. The move is aimed at leading the company’s brokerage setup and registration process.
Despite these plans, MyFunded Futures is not yet listed in the NFA’s BASIC database under either “MyFunded Futures” or “MyFunded,” indicating that registration is still in progress.
More numbers: CFI Financial, Capital.com's results
CFI Financial reported a record $1.51 trillion in trading volume for the second quarter of 2025, more than half of its total 2024 volume
of $2.79 trillion. The sharp increase highlights rising interest in retail
trading during a period of heightened market activity.
The surge coincided with volatility triggered by
tariff-related announcements from U.S. President Donald Trump, which several
brokers described as some of their busiest trading days. IG Markets also saw
elevated client activity in April and recently reported record annual results.
In the U.S., this strain could worsen under Donald Trump’s
proposed energy policies, which may prioritize fossil fuels and scale back
green energy incentives.
While air conditioning and household appliances have long
been blamed for high summer energy costs, the rapid growth of AI use is now a
major factor.
eToro opens 24/5 trading on the top 100 US stocks
In this week’s roundup of key industry developments, eToro,
the publicly listed Israeli fintech firm, launched 24/5 trading for 100 of its most popular U.S. stocks, to enable users to buy and sell shares, including
names like Mastercard, Snap, and Alphabet, outside regular market hours, Monday
through Friday.
All order types remain available during extended sessions.
The company also announced plans to introduce tokenized shares and spot-quoted
futures (SQFs) as part of its broader product expansion.
eToro joins a growing list of retail brokers offering extended-hours trading, which allows users to trade 100 U.S. stocks 24 hours a day,
five days a week.
While not a new feature in the industry, 24/5 trading has
become increasingly common as demand rises from investors in Asia and other
regions seeking access to U.S. equities outside regular market hours.
However, limitations remain. The U.S. Securities and
Exchange Commission (SEC) has previously warned that trading outside standard
hours can involve reduced liquidity, wider bid-ask spreads, or even a lack of
price quotes.
Robinhood crypto revenue falls
Robinhood’s crypto revenue fell sharply in Q2 2025, dropping to $160 million from $252 million in the previous quarter—a 36.5% decline. Despite the slowdown, the company pointed out that crypto revenue nearly doubled compared to the same period last year.
This was the second consecutive quarter of declining crypto revenue for Robinhood, after peaking at $358 million in Q4 2024.
The company has attributed the decline to fluctuating trading volumes, and CEO Vlad Tenev has emphasized efforts to reduce reliance on crypto by diversifying the platform’s revenue streams.
XTB’s profit rises amid plans to add physical crypto
Meanwhile, XTB, the Polish retail broker, reported revenue of PLN 580 million (USD 150.8 million) in Q2 2025, matching its performance from the previous quarter. Despite flat revenue, pre-tax profit rose by 11.2% to PLN 260.7 million (USD 67.8 million), supported by lower costs.
Net profit came in at PLN 216.1 million (USD 56.2 million), according to preliminary results.
Total expenses dropped 7.2% to PLN 292.9 million (USD 76.2 million), with marketing spend falling by about 13% to PLN 123 million (USD 32.0 million), even as the broker maintained campaigns across Europe.
The Polish broker also announced plans to expand its product lineup by introducing physical cryptocurrencies and options. It currently offers crypto trading through contracts for differences (CFDs).
According to the FCA registry, AETOS gave up its
authorisation last month and is no longer permitted to offer regulated products
or services. The broker also filed a "Solvency Statement" with
Companies House, an action typically associated with corporate restructuring or
capital reduction.
From 27 June, these firms no longer need to submit certain
details, including information on individual adviser complaints. While the FCA is looking to streamline regulation, market
behavior often appears driven more by sentiment than hard data.
This is evident in recent market trends, such as Spain’s
recovery, which reflects a shift in investor mood rather than a sudden
improvement in economic fundamentals.
A screenshot of details of Exinity and VT Markets on SCA's website
VT Markets operates under its own name, while Exinity runs
multiple brands, including FXTM. Exinity, owned by Andrey Dashin, no longer
lists the Alpari brand as part of its group, which now holds only a Comoros
licence.
MyFunded Futures' licensing bid
In the prop trading space, US-based prop firm MyFunded Futures is planning to become a fully licensed Introducing Broker regulated by the NFA and CFTC. The move is aimed at leading the company’s brokerage setup and registration process.
Despite these plans, MyFunded Futures is not yet listed in the NFA’s BASIC database under either “MyFunded Futures” or “MyFunded,” indicating that registration is still in progress.
More numbers: CFI Financial, Capital.com's results
CFI Financial reported a record $1.51 trillion in trading volume for the second quarter of 2025, more than half of its total 2024 volume
of $2.79 trillion. The sharp increase highlights rising interest in retail
trading during a period of heightened market activity.
The surge coincided with volatility triggered by
tariff-related announcements from U.S. President Donald Trump, which several
brokers described as some of their busiest trading days. IG Markets also saw
elevated client activity in April and recently reported record annual results.
In the U.S., this strain could worsen under Donald Trump’s
proposed energy policies, which may prioritize fossil fuels and scale back
green energy incentives.
While air conditioning and household appliances have long
been blamed for high summer energy costs, the rapid growth of AI use is now a
major factor.
XTB Shares Surge 12% on Margin Trading and 24/5 Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
